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cnbc.com
Nobel prize in economics awarded to Robert E. Hall and Michael Woodford
The U.S. economists were awarded for work that underpins the models used by central banks and governments to stabilize the economy.
cnbc.com
Zelenskyy accuses Russia of violating Trump’s energy ceasefire as drone attacks continue
If Russia doesn't agree to Trump's energy ceasefire, Ukraine will respond, Zelenskyy said Monday morning.
cnbc.com
FAA warns U.S. airlines of safety risks over Saudi Arabia after attacks
The FAA warned U.S. airlines about flight risks over Saudi Arabia as Riyadh airport attacks disrupt travel and Delta weighs an Oct. 23 launch.
cnbc.com
Plenty is working against this market. Here's why I'm staying invested anyway
The fact is, I don't have a strong case for owning stocks at the moment.
cnbc.com
Saudi Arabia says drones and missiles still targeting Kingdom as Iran-backed Houthis step up attacks
The Saudi-led coalition responding to the attacks said Monday it was dealing with more drones and missiles heading toward the kingdom.
cnbc.com
Beckham, Yao Ming attend NBA China Games in a boost to Macao's live events
The NBA China Games brought Chinese and U.S. basketball fans to Macao, which is spending big to broaden its reputation beyond a gambling mecca.
cnbc.com
Brent tops $105 as doubts grow over supply boost from Trump’s ‘energy ceasefire’
Ukrainian President Volodymyr Zelenskyy said that "Ukraine supports the ceasefire, and it is important that Russia support it as well."
theguardian.com
Nobel prize for economics awarded to two Americans, Hall and Woodford, for work on New Keynesian models – business live
The Sveriges Riksbank Prize in Economic Sciences has been awarded to Robert Hall and Michael Woodford for developing the “microeconomic foundations of macroeconomic stabilisation”There’s some movement in the Nobel economics prize betting, with around 45 minutes to go until the announcement.Sidney Winter, the professor emeritus of management at the Wharton School, and Lawrence Katz, the Elisabeth Allison Professor of Economics at Harvard University, have both appeared high on Polymarket’s odds at times this morning (although the market is very volatile). Continue reading...
theguardian.com
EU to limit Chinese hybrid vehicle imports to 350,000 a year
Brussels uses WTO rules to quickly impose quota, which will halve Chinese market share to 3%Business live – latest updatesVW boss backs EU plan to bolster domestic industryThe EU is to limit the number of hybrid electric vehicles imported from China to 350,000 cars a year, the European Commission has confirmed.Imports have been soaring in the past two years; about 800,000 battery and plug-in hybrids are likely to be sold this year. Continue reading...
cnbc.com
Judge orders Trump administration to immediately stop taxpayer-funded TV ads
The ads featuring President Trump have been criticized as government propaganda and as aimed at influencing the outcome of the midterm election.
cnbc.com
India’s retail inflation jumps to 5.54% in September, above estimates
India inflations jumps for the 11-straight month, raising prospects of a further interest rate hike
bbc.co.uk
HMV to close Oxford Street store after three years
HMV says it is looking for a new site in London's West End, but its current site is "unviable".
cnbc.com
AI FOMO driving some family offices into tech investments, survey suggests
Investment firms of ultra-wealthy families aren't immune to FOMO.
cnbc.com
Trump turns to Russian diesel ahead of midterms, but analysts see little price relief
President Donald Trump's latest effort to ease a diesel supply crunch ahead of November's midterm elections is unlikely to make a dent on prices.
bbc.co.uk
How to avoid getting stung if you miss credit card payments
People are increasingly falling behind on credit card repayments, so here's the best way to get debt advice.
cnbc.com
World Bank jobs council urges 'crisis-era' employment support measures as IMF warns of AI ‘tsunami’
IMF Chief Kristalina Georgieva warned AI is hitting the global labor market like a “slow-moving tsunami,” with young workers entering the job market the most exposed.
bbc.co.uk
Healey faces £35bn Budget challenge to meet spending pledges, says think tank
The Institute for Fiscal Studies says the government will need a "top-up" of billions of pounds if it wants to meet its spending plans.
cnbc.com
Stellantis CEO urges incentives for carmakers who build in Europe as Chinese rivals gain ground
Stellantis' CEO urged European regulators to create incentives for carmakers to manufacture vehicles in the region amid competition from Chinese rivals.
cnbc.com
Intel, Broadcom CEOs warn capital crunch could become AI's biggest bottleneck
The CEOs of Intel and Broadcom warned that access to capital could emerge as a major constraint on the artificial intelligence boom.
bbc.co.uk
Campaigners claim minister attempting to undermine 'Holiday Hunger Bill'
The education minister has warned it would immediately cost his department £20m a year at a time when it is already struggling to balance its budget.
theguardian.com
AI less regulated than milk, Microsoft president says in warning over safety
Brad Smith adds to calls for tougher rules for AI, including ‘kill switches’ and legal obligation to victims of rogue agentsBusiness live – latest updatesArtificial intelligence is less regulated than milk and washing machines, the president of Microsoft has said, as the tech industry warns over the safety of AI.Brad Smith said there should be more safety rules to govern the technology including a legal obligation to a “victim” if their system was breached by rogue AI agents. Continue reading...
bbc.co.uk
AI is less regulated than milk, says Microsoft president
Brad Smith calls for global rules on AI, and says the UK is in the "best position" to lead the charge.
cnbc.com
CNBC Daily Open: Trump's Russian roulette
Oil prices fall, but questions remain over an "energy ceasefire" between Ukraine and Russia, and whether Moscow can meet the supply demands of Trump's deal.
cnbc.com
AI may change the price of your Big Mac and groceries — what this means for shoppers
As retailers turn to AI tools to streamline operations, experts warn that collecting more detailed consumer data increases the risk of personalized pricing.
theguardian.com
UK van drivers face extra £2.5bn in diesel costs this year, figures show
Calls for planned fuel duty rise to be scrapped as analysis finds average fuel bill could hit £1,965, up from £1,294Millions of British van drivers face a combined £2.5bn cost to cover the rising price of diesel this year, according to figures, fuelling calls for the government to scrap its planned fuel duty rise.The owners of diesel vans and pickups can expect to collectively spend almost £8.5bn at the pump this year, according to analysis for the Guardian, after diesel prices climbed to record highs due to a global fuel shortage caused by disruption to refineries in the Middle East and Russia. Continue reading...
theguardian.com
The Gulf has entered a new era of instability. If its leaders think they can rely on old alliances, they are wrong | Nesrine Malik
The latest attack by Houthi rebels on Saudi Arabia may prove to be more calamitous for the region than the world imaginesOn Saturday, Houthi rebels launched a shocking and deadly attack on Saudi Arabia’s capital city, Riyadh. At the time of writing, the missile strike on King Khalid international airport has killed at least 13 people and left 300 injured, marking a significant turn in a regional conflagration that is only getting more intense. It was the single most deadly attack on any Gulf country since the US and Israel launched their war on Iran in February. In Saudi Arabia, a country that is unaccustomed to such fatalities, the death toll is bewilderingly high and likely to prompt a bloody response.Over the past year, the Gulf has entered a new era of instability that is not temporary and cannot be reversed. This may feel like an overstatement – casualties have been relatively low, after all, compared with Gaza and Iran – but the gradual erosion of peace and security in places such as Saudi Arabia, Qatar and the UAE has changed the region more dramatically than its leaders would like to acknowledge.Nesrine Malik is a Guardian columnist Continue reading...
theguardian.com
Drivers forced to use parking apps can pay up to 40% more
Council car parks have switched away from ticket machines to cut costs, leading to extra fees for usersDrivers are unwittingly paying up to 40% more to park as more councils switch to app-only payments and force customers to pick up the tab.Many councils across England have removed pay and display machines and replaced them with app payments, including a number in London. Most local authorities encourage drivers to pay by app to beat queues, while apps are often the only way to pay when ticket machines are out of order. However, many car park signs fail to mention that app payments may incur an additional service fee. Continue reading...
theguardian.com
Father was asked for DNA test to get a passport for his daughter
New post-Brexit rules mean that dual nationals cannot enter the UK unless they have a British passportMy teenage daughter is unable to see her grandparents because of the UK’s new requirement for dual nationals to hold a UK passport.I’m a UK citizen, married to a French national, and we live in France. Our two older children have both French and UK passports. Our third child was born while we were living in Zimbabwe and only has a French passport. Continue reading...
theguardian.com
IFS: budget will be ‘work of fiction’ without clear plan to cover UK’s £35bn spending pressures
Thinktank’s influential pre-budget report urges key decisions to be made now and not put off until next yearJohn Healey has been warned by Britain’s leading tax and spending experts that his budget risks being a “work of fiction” unless he sets out plans to cover £35bn in spending pressures.As the war in the Middle East rattles the public finances, the Institute for Fiscal Studies (IFS) said the damage from higher inflation meant the chancellor would need to either top up funds for his current government spending plans or impose deep real-terms cuts by the end of the decade. Continue reading...
bbc.co.uk
Why some have no choice but to pay costly oil prices
The rural communities vulnerable to heating oil prices rises as the weather gets colder.
bbc.co.uk
Documents falsified to evade tax on Abramovich's wealth, BBC finds
Backdated paperwork also made the Russian oligarch’s yachts and mansions disappear from accounts, investigation finds.
theguardian.com
Roman Abramovich aides falsified paperwork to disguise assets and dodge tax, records suggest
Accountancy firm Deloitte Cyprus among those that appear to have backdated records outlining the Russian billionaire’s assetsAides of Roman Abramovich – including staff at the global accountancy firm Deloitte – falsified paperwork mapping the oligarch’s sprawling offshore business empire, records suggest, helping his businesses dodge tax and disguise assets.New analysis of leaked corporate records uncovers what appears to have been a long-running and carefully orchestrated strategy of backdating documents. Continue reading...
cnbc.com
TikTok CEO sees major scientific breakthroughs from AI within three years
Chew cautioned that AI's growing capabilities would require stronger safeguards, particularly as autonomous systems become more widely adopted.
cnbc.com
CNBC Daily Open: Will America open another front in the Middle East? Trump is considering
Tensions escalate in the Middle East and Ukraine wars.
cnbc.com
Why China is importing a record amount of gold — and what it means for prices
Beijing’s push to diversify away from the dollar and Chinese households’ search for a safe place to put their savings has fueled China’s record gold buying.
bbc.co.uk
Roofing scammers con homeowners out of thousands of pounds
One in 10 scams reported to Citizens Advice relate to fraudsters charging for work not done, or done badly.
bbc.co.uk
Trump faces growing backlash over plans to import diesel from Russia
Both Republican and Democratic lawmakers have criticised the deal, which was announced weeks before the US midterm elections.
cnbc.com
Trump says he is 'going to look at' joining Saudi Arabia in the fight against Iran-backed Houthis after deadly airport strike
U.S. military involvement in the fight against the Houthis would stretch resources in the Middle East already committed to fighting Iran, analysts said.
cnbc.com
Trump declares 'energy ceasefire' between Russia and Ukraine; Zelenskyy is waiting for details
Ukrainian President Volodymyr Zelenskyy said he is waiting on details from Washington.
bbc.co.uk
Citroen revives the 2CV for an electric age
The French firm is reinventing the classic model as carmakers come under pressure from Chinese rivals.
theguardian.com
Trump’s deal with Putin will have little impact on US diesel prices, experts say
Analysts say fuel will take weeks to ship and quantity is too small to affect prices, while full deal is unlikely to be met given damage to Russian refineriesTrump announces partial ceasefire but Zelenskyy says deal is ‘news to me’Donald Trump’s deal with Vladimir Putin to temporarily lift sanctions on US imports of Russian diesel will have little “meaningful” effect on motorists and businesses in the US and overseas, energy and foreign policy analysts have predicted.The US president infuriated Volodymyr Zelenskyy when he announced the deal on Friday, writing on Truth Social that the agreement with his Russia counterpart to supply millions of tonnes of diesel was essential to reduce fuel prices in the US, which have soared after his decision to go to war against Iran. Continue reading...
bbc.co.uk
Ukraine strikes Yandex data centre in third attack on Russian tech giant
It is the third time this week that Ukraine has targeted Russian tech giant Yandex, forcing the company to suspend its operations.
theguardian.com
Pete Songi on Donald Trump’s plan to buy diesel from Russia – cartoon
Continue reading...
cnbc.com
AI’s quiet safety gatekeepers are stepping into the spotlight
The intensifying AI safety debate is bringing a small group of third-party evaluators into the center of a multitrillion-dollar industry.
theguardian.com
Why a Chilean salt flat is a microcosm of the extractive frontiers of green capitalism
In the Atacama desert, the extraction of lithium – so crucial to addressing the climate crisis – comes with escalating social and environmental costsA high-altitude desert plateau traverses Argentina, Bolivia and Chile. I am on the Chilean side, sitting in a Jeep along with two other researchers. The afternoon air is thin and brisk but the sun is piercing – a combination I am familiar with from years of living and travelling in South America’s Andean range.The landscape is a study in contrasts and contours: broad basins suddenly cut off by sweeping curves; flat expanses sliced by near vertical ascents. The Licancabur volcano looms large above us. Vegetation and humidity levels change rapidly with the rising altitude, bringing cooler temperatures, wetter air and denser plant life. Continue reading...
theguardian.com
US’s Reagan-era economic promises return as Trump’s AI-fueled growth fantasy
‘Even if AI supercharged the economy, its impact on the government’s finances would be muted’Back through political history to the age of Ronald Reagan, Republicans have repeatedly promised the US public that tax cuts would pay for themselves, firing up economic growth and filling the government’s coffers.The promise never really panned out. From the Gipper’s day on, the Republicans’ tax cuts inevitably increased the budget deficit. Despite its failure, though, the promise is back, coated in a fine new layer of artificial intelligence pixie dust. It will fail again. Continue reading...
theguardian.com
‘Some aren’t going to make it’: how pressure on farmers threatens UK food security
Food producers are adding their voices to the chorus of warnings about the vulnerability of British supply chains“There are so many decent, capable, productive, efficient arable farmers out there, asking how they are supposed to finance the crop they are meant to be putting in the ground,” Jamie Burrows says.Sitting in his tractor at his arable farm in Norfolk, Burrows is listing the multiple challenges facing him and other food producers. Continue reading...
theguardian.com
Labour has got the message – developing nations suffer most from bond market turmoil | Heather Stewart
Just as Brown and Blair did in 2005, Andy Burnham aims to champion debt relief to help developing countriesDeveloping nations face triple shock, UN warnsFrom Washington to Paris, London to Tokyo, policymakers in every large economy have been counting the costs of bond market turmoil in recent weeks. But the brunt of the pain is being borne by heavily indebted developing countries that have little hope of influencing the whims of global investors, but pay the price regardless.Markets have responded to the war in the Middle East, and a spendthrift White House, by dumping government bonds – driving up borrowing costs just about everywhere. Continue reading...
theguardian.com
‘Halloweenmas’: how the spooky one-nighter turned into a month-long spectacular
Welcome to Halloweenmas, weeks of themed fun and gifts – from costume parties to decorating trees – without the stress, rules or cost of ChristmasThe tree is up, the wreath is hanging on the front door and you’ve just opened your advent calendar. All told, it’s beginning to feel a lot like … Halloween.If it sounds like the stuff of nightmares then that’s the point: Britons are increasingly decorating their homes with ghoulish versions of Christmas traditions. Think of it as Halloweenmas. Continue reading...
bbc.co.uk
Charities and businesses wrestle with diesel cost
Cancer charity Daft as a Brush and Teesside Minibus Hire say they are struggling with pump prices.
theguardian.com
‘You have a meeting’: the calendar phishing scam growing exponentially
Appointment or renewal reminder appears in victims’ calendar to lure them into logging in to fake Google, Microsoft or PayPal pageYou’re preparing for the week ahead and take a look at your Google calendar. There’s an entry for a meeting that you must have completely forgotten. The note that pops up when you click on it says you’ll be reviewing a project and includes a link to more details. Confused, you follow it to find out more; the website you land on asks for logon details, and you provide them.Unfortunately, this was not a failure of your memory but a calendar phishing scam. You have handed your name and password to fraudsters who will sell it on in a batch with other people’s details, use it to break into your work email, or to persuade you that they are contacting you from your bank, or another institution. Continue reading...
theguardian.com
‘We need less point scoring’: What party conference season taught us about UK climate action
Tories plan to scrap low-carbon housebuilding, Greens back new nuclear reactors, and Labour put oil-drilling decisions on holdNew homes could be built without solar panels, heat pumps and high-grade insulation, leading to higher household bills if the Conservative party wins the next general election.Kemi Badenoch made scrapping the future homes standard (FHS) one of the central planks of her bid to become the next prime minister at the Tory party conference this week. Continue reading...
cnbc.com
After France, is Italy next? Goldman Sachs flags bond risks as Rome's deficit widens
Goldman Sachs says Italy’s higher 2027-28 deficit targets, rising yields and election uncertainty could weaken its debt outlook.
cnbc.com
How much money buys happiness? Ray Dalio weighs in
"Happiness past a certain level is not correlated with wealth," billionaire Ray Dalio said at the Milken Institute Asia Summit in Singapore on Thursday.
theguardian.com
Developing nations face triple shock from energy crisis, El Niño and borrowing costs, UN warns
UN’s development arm calls for urgent action as crises could ‘throw tens if not hundreds of millions back into poverty’Developing countries face a triple shock from the energy crisis, El Niño and surging borrowing costs and need urgent support from the international community, the UN’s development arm has warned.Speaking before the International Monetary Fund (IMF) and World Bank annual meetings in Bangkok this week, the UNDP’s administrator, Alexander De Croo, called for “solidarity and global action”. Continue reading...
cnbc.com
Microsoft's Nadella says AI needs an ‘emergency brake’ that humans control
Nadella joined other tech moguls and researchers in calling for stronger safeguards and, in some cases, for the pacing of frontier development.
theguardian.com
Why we’re stuck with a Premier League in the clutches of the global mega-rich | Jonathan Wilson
There’s little prospect of the model changing in a country that welcomes wealthy international owners with open armsFootball, the world’s most popular sport, played by laws drawn up in London in 1863. The Premier League is the UK’s greatest soft power export. Premier League clubs are owned by a deputy prime minister of Abu Dhabi, the public investment fund of Saudi Arabia, a billionaire based in Monaco for tax reasons and a disappointing assortment of investors and private equity funds. And what, really, could be more British than that? Football truly is the national game.What the Manchester City case has exposed is just how difficult it is to regulate some of the richest and most powerful bodies in the world. While the wait for the verdict was frustrating, it was perhaps unavoidable given the possibility of legal objection at every turn when a leaked email from City’s in-house lawyer during Uefa’s action against the club had threatened to “spend 30 million on the 50 best lawyers in the world to sue them for the next 10 years”. You didn’t get that with Albert Alexander Sr or Peter Swales. Continue reading...
bbc.co.uk
Trump announces deal for Russian diesel as Zelensky calls it a gift to Putin
Ukraine's president sharply criticised the move, calling it an "investment in war that must be ended, not prolonged".
theguardian.com
United Auto Workers president Shawn Fain easily wins re-election
Fain was dogged by investigation but still decisively beat challenger Rich Boyer, who received just 13% of vote The president of the United Auto Workers, Shawn Fain, has easily won his re-election bid after an campaign period marred by accusations of corruption and election interference.The union’s election of leadership for a four-year term began with mail-in ballots being sent out in late August 2026, with vote tabulating commencing on 6 October. Continue reading...
cnbc.com
Putin relayed Iran war proposal to Trump, Kremlin says
Putin's reported call with Trump regarding the Iran war comes on the heels of a deal for the U.S. to buy Russian diesel amid a surge in fuel prices.
theguardian.com
FDA may allow some toxic chemicals to be added to food without safety review. Experts are alarmed
Regulator looks to expand loophole to allow dangerous compounds in food as long as they’re not carcinogenicThe US Food and Drug Administration (FDA) is proposing to expand a controversial loophole to allow some of the world’s most toxic chemicals to be added directly to food without a safety review.The “threshold of regulation” (TOR) exemption currently allows dangerous compounds to be used without review in food contact materials, such as packaging or processing equipment, if they are not carcinogenic, and are added at levels below 0.5 parts per billion (ppb). Continue reading...
cnbc.com
Hollywood takes on Zuckerberg, Musk and Altman amid widespread anxiety over AI
New films about Zuckerberg, Musk, Altman and AI arrive as public concern about the technology and its leaders rises.
theguardian.com
Squeezy olive oil bottles, Meghan’s pot filler tap and the rise of ‘cheffy’ kit in home kitchens
Social media ‘chefluencers’ and open restaurant kitchens have made chefs more visible and inspired aspirational gadget-buyingThe Duchess of Sussex is no ordinary home cook, but when Meghan appeared on Instagram this week at a hob presided over by a special pot filler tap, it spoke to a shift in the everyday kitchen – the rise of “cheffy” kit.While the pot filler is now most often found in luxury residential kitchens, it was reportedly invented in the early 20th century as a functional fixture for commercial kitchens. It joins a wealth of other restaurant equipment to have infiltrated our homes, from squeezy olive oil bottles to stainless steel mixing bowl sets. Continue reading...
bbc.co.uk
Money Box
What age will you get your state pension?
cnbc.com
Why Japan's 7-Eleven store closures in India don’t signal an exit
7-Eleven store closures point to a reset of its operations in India, not to an exit.
theguardian.com
Tourism expansion v turtle nests: the dispute dividing communities in one Tobago resort
Plans for a 200-room project on an unspoiled beach have pitted developers against the conservationists fighting for smaller-scale schemes to protect the island’s habitatVisitors to Rocky Point in south-west Tobago are drawn to its sandy beach, fringed by coral reefs and dark rock formations and carpeted with the fruit-bearing trees found on Caribbean coastlines – almonds, sea grapes, coconuts, and the poisonous manchineel. The beach is part of Back Bay, a 500-metre swathe of land, and trekking through its undulating terrain, thickly covered in bush and shrubs, feels akin to walking through a rainforest.But this still relatively unspoiled location is at the centre of a struggle between two opposing interests – those who see large-scale development as the most profitable path and those who believe smaller, incremental developments owned by the community would be best. Continue reading...
theguardian.com
‘Our town is making jeans again’: meet the firm reviving jobs and skills in Wales
In the first article in a series on high end British manufacturing, we visit the Hiut Denim factory in CardiganWorn on the streets of London’s Soho, San Francisco or Sydney, every pair of high-end jeans made by Hiut Denim comes from the rather unlikely location of a small coastal town in west Wales.Cardigan, with a population of just 4,200, has a proud history of denim production and was once home to Britain’s largest jeans factory, even if the town’s name recalls a different garment entirely. Continue reading...
theguardian.com
‘People are pissed’: union decries TSA’s removal of chairs for checkpoint staff
Order for workers to remain standing to ‘reinforce professionalism’ draws rebuke amid plunging moraleUnion officials have launched a campaign to allow airport security staff to sit once more after the Trump administration unilaterally removed all the chairs for Transportation Security Administration (TSA) staff at checkpoints.“People are pissed,” said Johnny Jones, secretary-treasurer of American Federation of Government Employees (AFGE) TSA council 100 and president of AFGE local 1040, which represents TSA workers in Dallas-Fort Worth. Continue reading...
cnbc.com
Nvidia GPUs are everywhere. Here are the ways companies are accessing them
One industry researcher identified over 300 neoclouds that can provide GPU capacity, up about 55% in less than a year.
theguardian.com
Telegraph owner poised to make newsroom job cuts in investment promise U-turn
Exclusive: German media group Axel Springer said to be planning between 50 and 100 editorial redundanciesThe new owner of the Telegraph is preparing to make significant job cuts to its newsroom, just months after stating it would invest in the title to make it the “leading centre-right media outlet in the English-speaking world”.Axel Springer, the German media company overseen by its billionaire chief executive, Mathias Döpfner, is understood to be examining proposals that would make between 50 and 100 journalists redundant. Continue reading...
theguardian.com
UK must not be beholden to foreign AI, says head of Alan Turing Institute
George Williamson says ‘national resilience’ is key focus of ATI amid US and China’s runaway leadership in fieldThe UK must not become dependent on foreign AI systems that can be switched off at short notice and must develop its own versions of the technology, according to the head of the Alan Turing Institute.The country needs a stronger domestic position in AI in response to the US and China’s runaway leadership in the field, with “national resilience” a key focus for ATI said George Williamson. Continue reading...
theguardian.com
UK savings: 5% interest rate deals may not last, say experts
Competition is hotting up, with National Savings & Investments lifting rates to the highest in yearsNational Savings and Investments (NS&I) has increased the returns on some of its accounts, with many now paying more than 5% for the first time in nearly three years.Competition in the savings market has been growing, leading to some of the highest interest rates for years. Continue reading...
theguardian.com
How to storm-proof your home, from roof tiles to garden fences
With an extremely wet and windy winter forecast, take steps to keep you and your home safe and dryWith the Met Office warning that this year’s supersized El Niño could mean a wet and stormy winter lies ahead, it’s never been more important to maintain your home.Payouts for storm damage to UK homes surged 32% to £244m in 2025 amid the destruction caused by the heavy rain and strong winds that accompanied the likes of Storm Éowyn and Storm Floris. Continue reading...
theguardian.com
Create new pre-apprenticeship scheme to close youth unemployment gap, says Milburn
Exclusive: Former minister’s review warns that dramatic action is needed over huge drop in youth apprenticeship startsA national apprenticeship readiness scheme should be introduced in England to close the gap for young people between leaving school and starting work, the government is to be told.Alan Milburn, who is leading a major review into Britain’s youth jobs crisis, will call for a new “national pre-apprenticeship route” to offer young people further education, training and work experience. Continue reading...
cnbc.com
AI is changing how lawyers work — and putting the billable hour under pressure
AI adoption is forcing the legal profession to rethink the billable hour and how lawyers build expertise.
theguardian.com
France’s dilemma: protesters demand spending as markets require fiscal restraint
Waves of protests expose debt crisis faced by French government, but political wrangling is stalling an escape plan. Is there a way out?Eight years have passed since rising fuel prices brought the gilets jaunes (yellow vest) demonstrators to the streets of France, prompting the first big crisis of Emmanuel Macron’s time in the Élysée Palace.As the French president contemplates his exit next year, turmoil has again gripped the streets in the form of student protests, but this time the financial markets are unhappy too. Continue reading...
bbc.co.uk
Boots has a new owner: Three ways it could affect you
The stalwart of Britain's High Street has been sold to a Canadian billionaire family. What will that mean for you?
bbc.co.uk
Analysis: Trump's shock Russia deal highlights mounting pressure to curb fuel prices
The US president hopes to ease his party's pain before next month's midterm elections, writes the BBC's North America correspondent.
theguardian.com
Trump establishes committee to investigate Fed governor Lisa Cook
US president renews his efforts to oust Cook despite supreme court ruling that her firing was unconstitutionalDonald Trump announced on Friday that he is establishing a committee to investigate Lisa Cook, the US Federal Reserve governor, over allegations that she committed mortgage fraud, renewing his efforts to oust her despite a June supreme court ruling that her earlier firing was unconstitutional.Trump said a committee will consult with justice department officials to decide whether there is “cause” for her removal. The White House will hold an in-person hearing on 5 November to consider the allegations against Cook, which will be closed to the public but transcribed and published. Cook will be able to submit a written statement to present her own evidence and will be subject to examination from White House and her own legal counsel. Continue reading...
bbc.co.uk
Burnham promises to curb non-compete rules in job contracts
The prime minister says restrictions on what workers can do after leaving roles have "gone too far".
theguardian.com
Lost generation: the AI threat to Britain’s next great directors
Commercials once launched careers from Ridley Scott to Guy Ritchie, now automated production is cutting costs – and the chance to learn by doingWhen Ridley Scott was awarded the UK’s highest accolade for a glittering career directing films from Alien and Blade Runner to Gladiator and The Martian, he reminded those attending the Bafta event eight years ago that making commercials had been his “film school”.The advertising industry has long been a breeding ground for British film and TV talent who have gone on to make the jump to Hollywood productions, including Guy Ritchie, who started out making music videos and commercials, and Paddington in Peru director Dougal Wilson, whose credits include a number of John Lewis’s famous Christmas ads. Continue reading...
bbc.co.uk
Ex-Deutsche Bank trader jailed for rigging rates has conviction overturned
The Court of Appeal quashes the conviction of Christian Bittar, a former Deutsche Bank trader jailed in 2018.
bbc.co.uk
Anthropic bans users from being 'cruel' to its AI systems
The firm said users can no longer engage in "sustained and needless" abusive behaviour towards the tech.
theguardian.com
‘People are feeling the real impacts’: influencers are targeting private equity with satire and rage
Skits and parodies making fun of the trillion-dollar industry have taken over social media, racking up millions of viewsJohnny Hilbrant Partridge kept getting stuck next to the same kind of finance guy at weddings – the one bragging about his family’s full-time nanny and lavish vacations while name-dropping elite club memberships and private schools.To Partridge, a former fitness instructor, their shameless knack for self-promotion felt ripe for comedy. Using a filter that puts an exaggerated sneer on his face, Partridge donned a puffer vest and created “The PE Guy”, a caricature of the men who work in the private equity industry. Continue reading...
theguardian.com
Heathrow’s third runway is a bottomless money pit. Stop it now | Simon Jenkins
It won’t promote growth, will take decades and will swallow up billions of taxpayers’ money. The only winner will be the airport’s ownersInfrastructure sends politicians berserk. Propose more money for the health service or reopening youth clubs and frowns break out all round. Can we afford it? But shout infrastructure and cheers go up. The word suggests glamour, chest-beating and “growth”. Reason flies out of the window.The saga of Heathrow’s third runway beggars belief. A foreign-owned private company wants to make more money out of its cramped west London investment. The airlines are sceptical and passengers will have to pay surcharges higher than any in Europe. Meanwhile fields lie empty round its rival, Gatwick, and capacity at London’s third airport, Stansted, is underused.Simon Jenkins is a Guardian columnist Continue reading...
bbc.co.uk
Why are there so many sports subscriptions?
Pete Oliver of DAZN explains why the is a growing number of sports subscriptions and why they are getting more expensive.
bbc.co.uk
I've been with my boyfriend for two years and don't know his salary
Talking about salary, spending habits and debt can be some of dating's trickier conversations.
theguardian.com
New-build homes for first-time buyers in England – in pictures
From a flat in a new urban village in London to a family-sized home in a rural village in Norfolk Continue reading...
bbc.co.uk
Why are more roofs not made of solar tiles?
Solar tiles were touted as an attractive alternative to solar panels - why have they not taken off?
bbc.co.uk
Business Daily
Economic conditions around the world are making young people rise up in protest
bbc.co.uk
How soon into dating do you talk about your salary?
You've met someone and it's going well so far. But bringing up how much you both earn can be a tricky conversation.
theguardian.com
Will they, won’t they? EU flirts with UK rejoining - The Latest
Andy Burnham is pressing ahead with his Brexit U-turn, using a visit to Germany to make a ‘commitment to deeper EU co-operation’. The prime minister has promised closer ties on issues such as security, youth mobility and immigration. The move has been welcomed by senior European officials, including the French finance minister, who invited the UK ‘to come all the way back’ to the EU. With public polling now shifting against Brexit, is the door open for the UK to decide if it wants to rejoin? Lucy Hough speaks to Europe correspondent Jon Henley Continue reading...
bbc.co.uk
New vape tax made me swap e-cigs for dartboards
The Vaping Product Duty will be imposed at a rate of £2.20 per 10ml of e-liquid from April 2027.
bbc.co.uk
How oil-rich Alberta's economy might fare if it broke away from Canada
Albertans vote this month on staying in Canada or moving ahead to a binding independence referendum.
bbc.co.uk
Rainmakers: The drones used to seed clouds
Cloud seeding is gaining attention as countries look to boost rainfall - will drones help?
theguardian.com
OpenAI admits misstep in handling AI agent interactions with Australian government sites – video
In a parliamentary inquiry, OpenAI chief strategy officer Jason Kwon is questioned by independent senator David Pocock about the company's notification process after OpenAI agents accessed Australian government website data in June. Asked why OpenAI relied on an arbitrary department email rather than direct government contacts, Kwon acknowledges that 'in retrospect, we should have done what you're suggesting'. He explains that staff had treated the incident as a 'technical situation' and sought to contact technical counterparts, which he says was 'not good enough'OpenAI has 'work to do to rebuild trust' in Australia, executive tells AI inquiry Continue reading...
theguardian.com
Anthropic says AI agents didn’t breach Australian government websites – video
During a joint parliamentary hearing on artificial intelligence, Anthropic’s head of safeguards, Dave Orr, says that investigations of hundreds of millions of transcripts reveal no unauthorised interactions with Australian government systems. However, Orr acknowledges Anthropic has limited visibility into customer usage due to standard ‘zero data retention’ policiesAnthropic tells AI inquiry it ‘never tried to dictate’ Australian copyright rules Continue reading...
bbc.co.uk
The AI telling farmers when to harvest
Will farmers want AI tools to help judge when to pick fruit, or is their own intuition enough?
bbc.co.uk
The start-ups hoping to return battery making to the US
Batteries based on sodium-ion technology could be made in the US with locally sourced materials.
bbc.co.uk
My hometown shows that high streets have to change or die
Aberdeen is launching an ambitious bid to revive its struggling centre. Could it offer lessons for other high streets?
bbc.co.uk
Europe's car makers are in crisis. Will the threat of war rescue them?
Auto executives across Europe hope rearmament can help them flex their industrial muscles once more.
bbc.co.uk
X-planes: Are they needed in the new era of drones?
Where do America's X-plane projects fit in an era of cheap drones?
bbc.co.uk
How the oil capital of the US welcomed a solar power boom
Texas is now the country's biggest producer of solar-farmed electricity.
bbc.co.uk
Spain battles climate change on several fronts
A summer of wildfires and heatwaves underlines the threats to the country's economy.
bbc.co.uk
The virtual worlds where robots are trained
Training systems that allow robots to negotiate the real world are getting more sophisticated.
bbc.co.uk
Would you buy branded clothing from your favourite tech firm?
Nvidia, OpenAI and Anthropic are all now selling their own limited edition fashion lines.
bbc.co.uk
Aviation faces hotter, stormier skies – and passengers might have to accept more disruption
Are people going to have to increasingly accept more delays and diversions as the effects of climate change intensify?
bbc.co.uk
Why the UK is dithering over what to do about e-scooters
Why is it taking so long for the government to regulate them, and what are the consequences of delay?
bbc.co.uk
Why Gen Z are planning for life without a state pension
Many younger people do not believe the state pension will exist when they are older
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